The foundation of the accounting system used in the
United States, which states that assets equal liabilities plus owners’ equity.
The two sides of the equation must always be in balance.
"accounting equation." YourDictionary, n.d. Web. 13 October 2018. <http://www.yourdictionary.com/accounting-equation>.
accounting equation. (n.d.). Retrieved October 13th, 2018, from http://www.yourdictionary.com/accounting-equation
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